PRESS RELEASES

SIDF LAUNCHES NATIONAL PROGRAM TO BENEFIT STUDENTS AND SCHOOL LEAVERSPosted: August 18, 2014

Continuing its commitment to the development of human resources in the Federation with focus on the youth, the St. Kitts and Nevis Sugar Industry Diversification Foundation (SIDF) has launched Recognising Everyone’s Ability to Climb Higher...

SIDF AND NATIONAL BANK PARTNER TO IMPLEMENT LOAN PROGRAMSPosted: July 03, 2014

Citizens of St. Kitts and Nevis will benefit from three loan programs initiated by the St. Kitts and Nevis Sugar Industry Diversification Foundation (SIDF) and implemented in partnership with the St. Kitts-Nevis-Anguilla National Bank (SKNANB).

College and university students returning home on summer vacation will have the opportunity to work as interns. The Sugar Industry Diversification Foundation (SIDF) has designed the Student Internship Program (SIP) to provide on-the-job-training for students who are currently pursuing a bachelor’s, master’s or...

APPLICATION FOR PROJECT FUNDING FROM SIDF NOW ONLINE
Posted: October 05, 2013

Individuals and organizations seeking funding for projects from the St. Kitts and Nevis Sugar Industry Diversification Foundation (SIDF) may now view the priority investment areas and apply online. Twelve sectors have been identified as priorities, and the...

THIRD SIDF SEED BUSINESS BOOT CAMP BEGINS IN ST. KITTS AND NEVIS
Posted: October 03, 2013

The third cycle of the Small Entrepreneur and Enterprise Development (SEED) program designed and managed by the Sugar Industry Diversification Foundation (SIDF) began recently with twenty-two participants enrolled in Business Boot Camps...

SIDF IMPLEMENTS LOAN PROGRAM FOR HOME IMPROVEMENT
Posted: July 08, 2013

In keeping with its purpose to advance the socio-economic development of the Federation, the St. Kitts and Nevis Sugar Industry Diversification Foundation (SIDF) has designed yet another program to enhance the lives of Citizens of St. Kitts...

One of the Federation’s oldest boutique hotels, the Ocean Terrace Inn (OTI), has received the backing of the St Kitts and Nevis Sugar Industry Diversification Foundation (SIDF) by way of a loan of five million United States Dollars ($5,000,000US) to TDC which owns OTI. The loan will be used to upgrade the landmark hotel...

Partnership Ensures Continued Development of Christophe Harbour
Darby Family Investment and the St. Kitts and Nevis Sugar Industry Diversification Foundation (SIDF) announce that through a partnership arrangement, they have acquired...

Citizens who are in the process of constructing their homes may now receive financing from the Fund for the Realization of Economic Empowerment through Subsidized Housing (FREESH). Under the previous arrangement, only persons who were undertaking new residential construction and had not yet broken...

Basseterre, St. Kitts – February 14, 2013 (SIDF) – Mindful of the challenging economic situation, the St. Kitts and Nevis Sugar Industry Diversification Foundation (SIDF) has intervened to maintain current electricity charges for consumers. The SIDF will bear the six per cent (6%) Customs Service Charge on diesel...

Basseterre, St. Kitts – January 30, 2013 (SIDF) – The Nevis Co-operative Credit Union Limited (NCCU) has recently partnered with the St. Kitts and Nevis Sugar Industry Diversification Foundation (SIDF) to access monies under the Fund for the Realization of...

Basseterre High School To Be Upgraded With Grant from SIDF
Posted: January 25, 2013

Basseterre, St. Kitts – January 25, 2013 (SIDF) – Facilities at the Basseterre High School will be refurbished and upgraded with funding made available by the Sugar Industry Diversification Foundation (SIDF). In response to a need to address a critical...

Basseterre, St. Kitts – November 13, 2012 (SIDF) – The St. Kitts and Nevis Sugar Industry Diversification Foundation (SIDF) has implemented a project to assist in creating entrepreneurs and new businesses. The Small Entrepreneur and Enterprise Development (SEED) project targets individuals with ideas for innovative...

Aspiring entrepreneurs will soon be given a one of a kind opportunity to realize their dream. The Small Entrepreneur and Enterprise Development (SEED) program has been designed by the St. Kitts and Nevis Sugar Industry Diversification Foundation...

The St. Kitts and Nevis Sugar Industry Diversification Foundation (SIDF) has responded to a request from the Nevis Island Administration (NIA) for assistance to finance capital projects. On Friday, September 21, 2012, CEO of the SIDF, Mr. Terrence...

Citizens of St. Kitts and Nevis will soon be able to apply for a residential loan up to EC$500,000.00 at a fixed annual interest rate of 5%. The Sugar Industry Diversification Foundation (SIDF) established the Fund for the Realization of Economic Empowerment through Subsidized Housing (FREESH) and the...

The Board of Councillors of the Sugar Industry Diversification Foundation (SIDF) has appointed Dr. Hermia Morton-Anthony as the new Chairman. Dr. Morton-Anthony succeeds Mr. Terrence Crossman who held the position from 2007. Dr. Hermia Morton-Anthony has served as a Councillor since the inception of the...

The financial position of the Sugar Industry Diversification Foundation (SIDF) was made public by Chief Executive Officer, Mr. Terrence Crossman, at the formal launch of the office on Wednesday, May, 30, 2012. Speaking to public and private...